According to pcgs coin facts in vf 30 is worth $2000 I'd say as a grade vf 20-30 is extremely rare in grades of au-55 and better (likely where you got the 40 k figure from) still scarce in any grade
Great find Tommy. It appears to be real. But I am not sure if I detect a cleaning on it, the details look a little mushy and that could be indicative of an old cleaning. Better pictures would also help us determine the grade. As it stands, (and I am by no means an expert at grading gold), I am thinking in the F (possibly low VF) range. Again, nice find!
I'll only address the coin itself. The obverse, of which only one die was used for the date and is correct. The reverse is correct for "Variety 1", is different from what is sometimes called the "weak" mintmark variety, and was only used for this date.
That one is selling for so much because it is a mint state coin (MS63), which is quite the high grade for a coin like this, especially a valuable one. Unfortunately yours is not worth quite that much, but depending on grade, I would venture around $1500-2000.
I only see like 2 or 3 1854 C $5 dollar gold coins available on ebay and only a few images to reference on Google images and they are not even clear enough.
yeah I know its not in that same condition. I was just posting it to show where I'd gotten that 40K figure from.
The total estimated surviving population in all grades/conditions is somewhere under 200 IIRC, so don't expect a great deal of information to just fall into your lap.
Looks OK to me but you MUST have TPG, one reason being it's very unusual to find a Charlotte or Dahlonega mint gold worse than VF - they just didn't circulate down in the mountains of Georgia and the Carolinas. I am a little concerned about the location of the mint mark and the fairly wide rims. Those concerns are trumped by the amount of wear (difficult to fake convincingly). My estimate, $800-900 range. Send it off tomorrow!
nice coin tommy, it looks like, and don't take this the wrong way, but has filed rims, came out of jewelry, but still a nice coin, and a filed rim, isn't as bad as it sounds either
Not cleaned just circulated I looked at it with my loupe fine scratches from handling no sign of cleaning. not ex jewelry either. not sure if the lower rim is filed from the top or just worn that and a pinscratch on the neck are my biggest concerns of it grading clean it'll be off to pcgs hopefully this week